By continuing to use this site you consent to the use of cookies on your device as described in our
Cookie Policy unless you have disabled them. You can change your Cookie Settings at any time but parts of our site will not function correctly without them.

Lloyd's of London expects $4.5 billion losses from Harvey, Irma

The hurricane season is still in play, earthquakes can happen at any time

Lloyd's of London expects net losses of $4.5 billion from hurricanes Harvey and Irma, which analysts said would eat into the insurer's capital and hit its profitability.
Although losses from natural catastrophes have been low in recent years, including in the first half, that is set to change in the second half of the year, Lloyd's chief executive Inga Beale said following Thursday's results.
"There was limited major claim activity in the first half. There's a very different second half emerging - it's not only the hurricanes but we've got the ...

This article is no longer available in our repository.

There could be multiple reasons for this.

You could try searching for this headline on the source website (reuters.com).